Technicolor to Acquire Mr. X VFX Studio

Technicolor has reached an agreement to acquire Toronto-based visual effects studio Mr. X, which will join Technicolor’s Production Services division — already home to Oscar-winning fx house The Moving Picture Company. MPC will continue to address leading projects for both its studio and advertising clients, while Mr. X will be tasked with high-concept TV production, genre features and international film co-productions. Mr. X and its clients will have access to Technicolor’s post production portfolio and technology solutions.

Mr. X will operate as Technicolor’s VFX brand for TV and become a wholly-owned subsidiary of the company. Studio co-founder and president Dennis Berardi will become Global Managing Director of Mr. X, reporting to Technicolor’s president of Production Services Tim Sarnoff. The effects studio currently employs over 200 in its Toronto and New York locations. The studio’s services — including design, pre-viz, 3D animation, CG effects, compositing, VFX supervision and production management — have been utilized on major TV series such as Vikings, Penny Dreadful and Guillermo del Toro’s upcoming The Strain, as well as features like RoboCop and the Resident Evil franchise.